The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-10-08
STATE OF TRADE.
Marked Advance 10 Prices lmnsi'
nsns-CeBdition sfCottos and
Isos-fstlures.

NKw York, 0cI 7-R g. Dan &
Co., Ia their weekly review OF trade,
say; every condition for a ma ked
advance in the prices has nov been
supplied that the Government or op.
orators can control. II the advance
does not come, 1t will be clear that the
Licking mp OF cap tai Oh railroad AID
other bulldog, IN real est to operation
aad In specuIaious Of various kinds,
has q mere depressing intu :nce than
many ealz,.
The absorption Of the B,ilino,e L
Ohio To egrsph by ths Western Uoion
removes an impor an cause Of hesita.
ton in the stock market; prrgr.is to.
ward econsuGc ion In Reid,Dg ard
settl, m ut o. western rate troubles
rsmov,s others; 'rea ury puichases
OF bonds and imports OF gold
eupD money IN abundsDc &c,
aud Railroad earnings contil H.
TO sxesed tbote OF last
year. The incress d supply OF money
10 not yet felt III oil points. Chicago
Is shipping lees money TO the country,
though lOaus to carry grain In other
cities are large and the commercial
demand 10 greater than usual; but at
omaha Hooey Is very light and mer.
chants compIalnli <; trade Is called
excellent, bat COLLECTIONS only fair.
At Detroit inc eased demand raises
the rate, and cole ctions are slow. AT
U eveland money 10 clote, with bust.
nees better At Kansas City tue
market Ia sose and collections only
iair, but trade good. At Denver a
sharp demand 10 freely met, std al
soutnern poIn,s ths pressure is made
q II tie leIs severe by come improve
ment In oolyc,ion,.
"The iron trade is but little weak.
sned by the enormous output, which
was IL o per ceDt, above tne output q
ysar ago. B,st grades are still trm
M. 2 10 plenty aud grey Jorge 10 over
supply. Some eastern mills oder railH
ut t35 for next years delivery, ard
bar iron 10 a little weaker. The mar
kets for Copper, tin aud lead are
stronger Wool remains easy AID
dull Boston recsips and saies lees
tbao half lset years, AID ,he sales
since January over rs per cent. be.
low last year,. The boot and shoe
trade Is larger than that OF last year,
shipments lhui isr showing an In
crease Of 8 PSF cent, and ths GU look
10 considered encouraging.
Cotton Is Il shade lower ia spite OF
the Z rsysganily gloomy repJrts sent
out from southern districts At new
OfleAns an increAss Of 275, goo bales Ia
the crop Is estimated. Bat crops are
generally disappointing. becau q
planting and labJr called for a larg,r
yield than hiss been realiz ID.
THE dry goods trade shows no i'm
portant change, a0d one ti the mosi
important labor difficulties, the win
dow glass ttr Ike, has oeen terminated
The quarterly statement OF fail
ures sho<a that tbs past disturb ,nt'
40 been IN IRE serious than real zsd
The aversg- Of abilities to ali firms II
business (i75 20 Tor the quar,tI) va
t9T 40 In ths ~ ond quart OF 1884
Including the Grant. " ard failure, bu
with that exception has not b,en q
large Ia any quarter since 1873.
"fhe busnets failures occurrin
throughout the county during th
last seven days number, for III
Uni cd States lS5 and for Canada ~
The casualties In the eastern M,
middle 3 ats are very light. the eres
buk OF tie ialluret Of the week brin
reported from ths wset and SOUTH"